WLKP · Westlake Chemical Partners LP

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Admin

3 years, 7 months ago

Westlake Chemical Partners LP is currently in a long term uptrend where the price is trading 14.9% above its 200 day moving average.

From a valuation standpoint, the stock is 90.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.9.

Westlake Chemical Partners LP's total revenue sank by 10.0% to $246M since the same quarter in the previous year.

Its net income has dropped by 13.5% to $15M since the same quarter in the previous year.

Finally, its free cash flow fell by 75.8% to $25M since the same quarter in the previous year.

Based on the above factors, Westlake Chemical Partners LP gets an overall score of 2/5.

ISIN	US9604171036
CurrencyCode	USD
Industry	Chemicals
Sector	Basic Materials
Exchange	NYSE

Target Price	40.14
PE Ratio	11.66
Dividend Yield	7.3%
Market Cap	895M
Beta	0.97

ABOUT

Westlake Chemical Partners LP

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas.

WLKP · Westlake Chemical Partners LP

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Westlake Chemical Partners LP

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